THE DORAL ACADEMY INC

EIN: 650944569 501(c)(3) Education

MIAMI, FL

Total Revenue
$82,983,675
Total Expenses
$68,369,304
Total Assets
$209,532,643
Net Assets
$112,691,490
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
RENE ROVIROSA
Phone
3055979950
Tax Period
2024-07-01 to 2025-06-30

THE DORAL ACADEMY INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $83.0M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $14.6M, a strong 18% operating margin.

Mission

THE MISSION OF DORAL ACADEMY INC FOCUSES ON CONTINUALLY DEVELOPING A HIGH QUALITY K-12 EDUCATIONAL LEARNING ENVIRONMENT WHERE A COMMUNITY OF STAKEHOLDERS ARE DEDICATED TO PROMOTING AN EXCEPTIONAL EDUCATIONAL EXPERIENCE WITH AN OBLIGATION TO ENSURE THAT OUR STUDENTS ENGAGE IN RIGOROUS LEARNING OPPORTUNITIES THAT WILL HELP THEM STRIVE FOR ACADEMIC ACHIEVEMENT AND A DESIRE TO BE LIFELONG LEARNERS AND SUCCESSFUL LEADERS IN THEIR PROFESSIONAL CAREERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $70,530,104
Program Service Revenue $8,684,183
Investment Income $3,627,917
Other Revenue $141,471
TOTAL REVENUE $82,983,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,163,006
Fundraising Expenses $0
Program Expenses $61,773,731
Other Expenses $33,206,298
TOTAL EXPENSES $68,369,304

Year-over-Year Comparison

2024 2023 Change
Revenue $82,983,675 $96,532,961 -0.1%
Expenses $68,369,304 $63,241,199 +0.1%
Net Income $14,614,371 $33,291,762 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
539
Volunteers
3590

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$456,284
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENE ROVIROSA DIRECTOR, SECRETARY, TREASURER, CHAIRMAN 2.00
Officer Director
$0 $0 $0
ANGELA RAMOS RESIGNED 082024 DIRECTOR, CHAIR 2.00
Director
$0 $0 $0
KIM GUILARTE DIRECTOR 2.00
Director
$0 $0 $0
MIRANDA MURILLO DIRECTOR, STUDENT ALUMNI REPRESENTATIVE 2.00
Officer Director
$0 $0 $0
AILEEN MARTY DIRECTOR 2.00
Director
$0 $0 $0
ELEONORA CUESTA PRESIDENT/PRINCIPAL 40.00
Officer
$204,402 $0 $204,402
CARLOS A FERRALLS VICE PRESIDENT/ VICE PRINCIPAL 40.00
Officer
$251,882 $0 $251,882
YVETTE TAMARGO ASSISTANT PRINCIPAL 40.00
Highest
$182,541 $0 $182,541
JORGE NUNEZ ASSISTANT PRINCIPAL 40.00
Highest
$166,326 $0 $166,326
MARIANELLA MESA ASSISTANT PRINCIPAL 40.00
Highest
$153,055 $0 $153,055
OLGA DOMINGUEZ ADMINISTRATIVE STAFF 40.00
Highest
$149,085 $0 $149,085
ELIZABETH SIMON ASSISTANT PRINCIPAL 40.00
Highest
$146,710 $0 $146,710
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $82,983,675 $68,369,304 $209,532,643 $14,614,371
2024 $96,532,961 $63,241,199 $197,586,966 $33,291,762
2023 $64,436,877 $55,517,733 $166,053,080 $8,919,144
2022 $56,280,989 $49,613,919 $138,191,156 $6,667,070
2021 $49,667,670 $43,508,279 $78,216,564 $6,159,391
2020 $44,104,759 $41,875,340 $71,877,675 $2,229,419
2019 $43,362,656 $36,790,299 $67,032,972 $6,572,357
2018 $38,274,332 $34,560,007 $61,579,782 $3,714,325
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